Southeast Asia

Singapore has raised its solar PV deployment target to 3GW by 2030 after reaching its previous 2GW target in 2025.

Meralco PowerGen Corporation has completed initial grid synchronisation and energisation of the 3.5GW MTerra solar project, which includes a 4.5GWh battery energy storage system (BESS). 

The Philippines will launch a number of renewable energy auctions between 2027 and 2035 for at least 25GW of capacity each year.

Developer EDRA Global Energy, a subsidiary of CGN, has started construction on a 300MW floating PV (FPV) project in Malaysia.

Vietnam is the cheapest country to produce fully domestic solar modules outside of China, according to a report from the International Renewable Energy Agency (IRENA).

The Philippines’ solar and energy storage trade body has warned that diplomatic tensions with China could disrupt the solar industry.

PV developer Solar Philippines has issued a statement denying liability to pay PHP24 billion (US$400 million) in penalties from the Philippines’ Department of Energy (DoE).

The British International Investment (BII), has committed US$20 million to Vietnamese lender HDBank's inaugural green bond programme.

Solar manufacturer SEG Solar has started construction on a 3GW ingot and wafer manufacturing plant in Indonesia.

The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, which will form part of a pan-Southeast Asian power grid initiative.